News & Insights

After intense negotiations, some provisions were eliminated while others were rewritten in an effort to appease all Democratic members.

Proposed Excess Business Loss limits could hurt real estate pro’s, others with active losses, including cash losses.

IRS provides guidance about specificity requirement for filing refund claims for IRC section 41 research credit.

The IRS recently announced new requirements for LLCs to qualify as exempt organizations under section 501(c)(3).

States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income.

What are the proposed tax changes affecting individual taxpayers and what should you consider today to limit your exposure to these changes?

When an employer sponsors a retirement plan for its employees, it must carefully consider, and continually monitor, the plan provisions.

House Ways and Means issues its discussion draft amendment with revenue items to offset $3.5 trillion spending package.

Private equity deal activity is on pace for its best year on record, and deal activity in the middle market leads the way.

A discussion on the IRS concern with non-filers and what can be done to mitigate the risk is provided in this article.

Rev. Proc. 2021-33 allows exclusion of PPP, restaurant revitalization and shuttered venue operator grants from ERTC gross receipts test.

Notice 2021-49 provides answers on previously uncertain issues and addresses changes implemented in the American Rescue Plan Act.